When their is a legit claim you can have 200 llc's in between and you will still lose.

The very first month, April, she was late and claimed the bank made a mistake.

I went with a contractor referred by my agent as the contractor claimed he'd done 203's before and his numbers were good.

Capturing 1-2% of those owners would get the business rolling especially because rents are in the $2500-$3000/month range.Not saying it can't be done, but buying 10 deals (1%) from mailing 1000 letters seems unrealistic.

My intentions are to perform a cash out refinance and within a few months, I would like purchase a new home and lease my existing property.Many lenders I am dealing with claim to have programs that can perform to my intentions.

When it goes through title/escrow, I do carefully review the prelim.I have also purchased quite a few quit claim properties, and have gotten clean title every time as well.

However, to get a mortgage, and claim tax benefits in my own name, it seems that I would need to do a quit-claim deed to put the property fully into my name (currently both my name and the LLP entity are on title).

Risk would be high...Just one insurance claim in excess of a $5,000 deductible could sink your battleship if you do not keep cash reserves.You still need to pay for your own health insurance For every unit you own outright you get an additional $400 or so in income.

We gave him till the end of the month, when I collected the keys he claims he doesn't have a forwarding address, and said I had to call to turn off the utilities-that's when I find out most were turned off due to non- payment.The big kicker, the next door neighbor is his brother AND boss.I'm so upset, we thought we had a good tenant and then we had to deal with so much BS, has anybody else had an experience like that?

They made BOLD claims which to me sound too good to be true.